STORY: Javier Milei sworn in as Argentine president
SHOOTING TIME: Dec. 10, 2023
DATELINE: Dec. 11, 2023
LENGTH: 0:00:55
LOCATION: Buenos Aires
CATEGORY: POLITICS

SHOTLIST:
1. various of the sworn-in ceremony

STORYLINE:

STANDUP (English): WANG ZHONGYI, Xinhua Correspondent
"This is the Casa Rosada, the official workplace of the Argentine president, where Javier Milei, the newly inaugurated Argentine president just delivered a speech to the public. The inauguration ceremony was held earlier today (Sunday) at the Argentine Congress, officially commencing his four-year term as Argentine president."

Javier Milei, a liberal politician and economist, assumed the Argentine presidency Sunday in a ceremony held at the National Congress in Buenos Aires, the country's capital.
   
The outgoing head of state, Alberto Fernandez, placed the presidential sash and handed the baton of command to Milei, whose term will last for four years, until Dec. 10, 2027.
   
Victoria Villarruel was sworn in as vice president.
   
After the inauguration at the congress, Milei delivered a speech to the public noting that he had no alternative to a sharp, painful fiscal shock to fix the country's worst economic crisis in decades, with inflation heading towards 200 percent. "There is no alternative to a shock adjustment."

Xinhua News Agency correspondents reporting from Buenos Aires.
(XHTV)